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Empirical Analysis of Xinjiang's Bilateral Trade: Gravity Model Approach 被引量:2

Empirical Analysis of Xinjiang's Bilateral Trade: Gravity Model Approach
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摘要 Based on the basic trade gravity model and Xinjiang's practical situation, new explanatory variables (GDP, GDPpc and SCO) are introduced to build an extended trade gravity model fitting for Xinjiang's bilateral trade. From the empirical analysis of this model, it is proposed that those three variables affect the Xinjiang's bilateral trade posi- tively. Whereas, geographic distance is found to be a significant factor influencing Xinjiang’s bilateral trade negatively. Then, by the extended trade gravity model, this article analyzes the present trade situation between Xinjiang and its main trade partners quantitatively in 2004. The results indicate that Xinjiang cooperates with its most trade partners successfully in terms of present economic scale and developing level. Xinjiang has established successfully trade part- nership with Central Asia, Central Europe and Eastern Europe, Western Europe, East Asia and South Asia. However, the foreign trade development with West Asia is much slower. Finally, some suggestions on developing Xinjiang's for- eign trade are put forward. Based on the basic trade gravity model and Xinjiang's practical situation, new explanatory variables (GDP, GDPpc and SCO) are introduced to build an extended trade gravity model fitting for Xinjiang's bilateral trade. From the empirical analysis of this model, it is proposed that those three variables affect the Xinjiang's bilateral trade positively. Whereas, geographic distance is found to be a significant factor influencing Xinjiang's bilateral trade negatively. Then, by the extended trade gravity model, this article analyzes the present trade situation between Xinjiang and its main trade partners quantitatively in 2004. The results indicate that Xinjiang cooperates with its most trade partners successfully in terms of present economic scale and developing level. Xinjiang has established successfully trade part- nership with Central Asia, Central Europe and Eastern Europe, Western Europe, East Asia and South Asia. However, the foreign trade development with West Asia is much slower. Finally, some suggestions on developing Xinjiang's foreign trade are put forward.
出处 《Chinese Geographical Science》 SCIE CSCD 2008年第1期9-16,共8页 中国地理科学(英文版)
基金 Under the auspices of Knowledge Innovation Program of Chinese Academy of Sciences (No. KZCS-SW-355)
关键词 新疆 双边贸易 上海 贸易合作 经济 trade gravity model extended trade gravity model bilateral trade Shanghai Cooperation Organization (SCO) Xinjiang
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